Theresa May, the Prime Minister, told world leaders that the UK is open for business as she sought to convince them it was not looking inwards by pulling out of the single market. Speaking at the World Economic Forum in Davos, the Prime Minister attempted to carve out a “truly Global” post-Brexit role for the UK. Mrs. May said Brexit would give Britain the chance to “step up to a new leadership role as the strongest and most forceful advocate for business, free markets and free trade anywhere in the world”. Following reports from the Foreign Secretary that countries were queuing up to do post-Brexit deals with the UK, Mrs. May said Britain was already in talks with Australia, New Zealand and India. She also added that China, Brazil and the Gulf States had expressed an interest in striking a new trade deal. However, Mrs. May was warned today by German finance minister Wolfgang Schauble that world leaders would not take her seriously if she carried out her threat to turn the UK into a low-tax economy and make it a more attractive place to do business than the EU. Mrs. May’s speech also came just hours after a blow to the City – as Europe’s biggest bank HSBC announced plans to move 1,000 UK-based jobs to Paris in two years’ time when Brexit comes into effect.
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